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Congress in the weeds as members hash it out over cannabis reform

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Members of Congress from both parties outlined paths to successful marijuana regulatory reform during Thursday’s National Cannabis Policy Summit Congressional Forum in the Congressional Auditorium of the U.S.

Capitol Visitors Center. Chuck Schumer, the Senate’s top Democrat, earned a round of applause after proclaiming himself “proud to be the first Majority Leader ever to say it is time to end the federal prohibition on cannabis.” “Until federal cannabis reform is the law of the land, I believe in my bones that we will get there one day soon,” Schumer said.

He and the other members present were hopeful that these goals are within reach for this Congress. U.S. Sen. Jeff Merkley (D-Ore.) told the audience he was hopeful about passage of the Safe Banking Act, which would prohibit federal banking regulators from punishing financial institutions that provide services to legitimate cannabis related businesses.

Merkley noted the bill was supported by nearly all of the Senate Democratic caucus and nine Republicans when it was last introduced in 2021. “I think there’s a real path to getting it done,” he said.

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